Land sold by plotting held to be business income not capital gain as the sale was completed within a short…
Penalty us 158BFA2 for jewellery Loose Papers found during search as undisclosed income deleted as addition was made on the…
Compliance of natural justice in disciplinary inquiry necessary-Supreme Court The Supreme Court in a recent judgment has dwelt upon the compliance…
Fit and proper status of over-aged bank director. RBI Nomination Committee rejection for over age and twice election remanded back…
Section 292BB can not cure time barred notice us 143(2) issued after prescribed time limit. There is distinction between issue…
Period when reference was made to IAC u/s 144B (now 144BA) to be excluded while computing the period of limitation u/s…
Fresh tangible material not required to reopen an assessment where the initially the return of income is processed u/s 143(1) and an…
CBDT Instruction 1916 dated 11-05-1994 cbdt-instruction-1916 Jewellery relief is applicable to additions also. This is held by ITAT Delhi taking…
Jewellery found in daughter-in-law's bedroom locker of at the time of search u/s 132 can not be added to the assessee's income…
When the assessee claimed exemption on the principle of mutuality in the return of income and the AO also made…